Military expenditure in Finland
Finland: Military expenditure was 2.3% in 2024. ▼ Falling
Latest (2024)
2.3%
Change on year
up 14.6%
World rank
50th
of 164 countries
All-time high
2.5%
in 1962
All-time low
1.1%
in 2001
Years of data
65
1960–2024
Military expenditure in Finland, 1960–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in % of GDP.
Analysis
The most recent figure for military expenditure in Finland is 2.3%, measured in 2024.
Compared with earlier readings it is up 14.6% on the previous year and up 57.6% over ten years.
Over the whole period, military expenditure in Finland peaked at 2.5% in 1962 and was at its lowest, 1.1%, in 2001.
That places Finland 50th out of 164 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 65 years of available data.
Military expenditure in Finland, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 1.8% | — |
| 1961 | 1.8% | +3.8% |
| 1962 | 2.5% | +36.9% |
| 1963 | 1.9% | -23.3% |
| 1964 | 1.9% | -3.5% |
| 1965 | 1.8% | -3.3% |
| 1966 | 1.7% | -4.6% |
| 1967 | 1.6% | -5.7% |
| 1968 | 1.8% | +8.6% |
| 1969 | 1.4% | -18.1% |
| 1970 | 1.4% | -4.3% |
| 1971 | 1.4% | +5.3% |
| 1972 | 1.5% | +5.6% |
| 1973 | 1.5% | -5.0% |
| 1974 | 1.3% | -12.6% |
| 1975 | 1.5% | +18.7% |
| 1976 | 1.3% | -11.1% |
| 1977 | 1.4% | +4.9% |
| 1978 | 1.4% | +1.7% |
| 1979 | 1.5% | +3.5% |
| 1980 | 1.7% | +13.0% |
| 1981 | 1.5% | -7.5% |
| 1982 | 1.6% | +6.4% |
| 1983 | 1.8% | +10.9% |
| 1984 | 1.6% | -12.0% |
| 1985 | 1.7% | +4.5% |
| 1986 | 1.7% | +2.8% |
| 1987 | 1.6% | -4.5% |
| 1988 | 1.6% | -2.3% |
| 1989 | 1.5% | -4.6% |
| 1990 | 1.6% | +1.9% |
| 1991 | 1.8% | +13.9% |
| 1992 | 1.9% | +7.1% |
| 1993 | 1.9% | -2.1% |
| 1994 | 1.8% | -6.0% |
| 1995 | 1.4% | -19.0% |
| 1996 | 1.5% | +7.6% |
| 1997 | 1.5% | +0.3% |
| 1998 | 1.5% | -4.7% |
| 1999 | 1.2% | -16.4% |
| 2000 | 1.2% | +1.4% |
| 2001 | 1.1% | -7.8% |
| 2002 | 1.2% | +0.9% |
| 2003 | 1.4% | +25.3% |
| 2004 | 1.5% | +1.5% |
| 2005 | 1.5% | -0.2% |
| 2006 | 1.4% | -1.5% |
| 2007 | 1.3% | -10.7% |
| 2008 | 1.4% | +8.0% |
| 2009 | 1.6% | +12.2% |
| 2010 | 1.5% | -4.4% |
| 2011 | 1.5% | +0.0% |
| 2012 | 1.5% | +2.7% |
| 2013 | 1.5% | +0.6% |
| 2014 | 1.5% | -5.2% |
| 2015 | 1.5% | -0.1% |
| 2016 | 1.4% | -1.8% |
| 2017 | 1.4% | -4.9% |
| 2018 | 1.4% | +0.8% |
| 2019 | 1.4% | -0.8% |
| 2020 | 1.4% | +5.5% |
| 2021 | 1.3% | -9.3% |
| 2022 | 1.6% | +22.0% |
| 2023 | 2.0% | +26.4% |
| 2024 | 2.3% | +14.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.8% | 1.4% | 2.5% | 10 |
| 1970s | 1.4% | 1.3% | 1.5% | 10 |
| 1980s | 1.6% | 1.5% | 1.8% | 10 |
| 1990s | 1.6% | 1.2% | 1.9% | 10 |
| 2000s | 1.4% | 1.1% | 1.6% | 10 |
| 2010s | 1.4% | 1.4% | 1.5% | 10 |
| 2020s | 1.7% | 1.3% | 2.3% | 5 |
Countries ranked near Finland
More public sector data for Finland
- Arms imports 64.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 11.39 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 72.97 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 64.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 1,243 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0234 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 17.88 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 6.99 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 121.73 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is military expenditure in Finland?
- Military expenditure in Finland was 2.3% in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Finland?
- The highest recorded value was 2.5% in 1962.
- What is the lowest military expenditure recorded in Finland?
- The lowest recorded value was 1.1% in 2001.
- How does Finland rank for military expenditure?
- Finland ranks 50th out of 164 countries with data for 2024.
- Is military expenditure rising or falling in Finland?
- Over the last ten years it is up 57.6%. The long-run trend across the full record is falling.
- Where does this Finland data come from?
- The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Military expenditure by country as percentage of gross domestic product